Advanced Plastics (nw) Limited

Advanced Plastics (NW) Limited, based in Fareham, UK, is a small, holding company with an active status. Founded eleven years ago in 2013, the company employs twenty people and holds £1,371,393 in assets. It operates from a real address and is managed by two directors and one owner, boasting a 3.0 Google rating from eleven reviews. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with recent import activity recorded just two months ago.

The company's website reveals a broader scope of operations. Advanced Plastics provides technical injection molded products for blue-chip clients across various sectors, emphasizing a commitment to sustainable UK manufacturing. It operates across three sites, utilizing seventy injection machines and holding certifications like IATF16949 and ISO14001. The company’s services include design development, manufacturing, and quality assurance, catering to industries like automotive, HVAC, filtration, and technical plastics. They even have a video showcasing their operations.

Financially, Advanced Plastics (NW) Limited presents a mixed picture. Current assets have increased by 11% to £1,400,000, while net assets have grown by 14% to £940,000. However, bank borrowings have decreased by 25%, and cash reserves have increased by 77% to £360,000. Trade debtors have increased by 29%, and creditors have increased by 4.8%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors suggests a need to monitor customer payments. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s financial growth seems positive, but the increase in debtors is something to keep an eye on. The company's website and services suggest a focus on technical solutions and a commitment to quality, which could contribute to its long-term success.

Registered in England/Wales under the registration number 08634418, with a registered address at PO16 8XG, Fareham, Hampshire, 28 Standard Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.